Germany gives green light to Euro49 a month season ticket
Those pesky Germans, always innovating, in this case looking to introduce a monthly ticket for local public transport, for 49 euros per month, looking to capitalise on the success of the 9 euros...
New Application Videos on Business Economics
Continuing the theme of the importance of application in exam questions - some exam boards do include the phrase "using an industry of your choice" in their papers - I have added some more short...
New Application Videos on Globalisation
"Give Me Three" is one of my go-to revision activities when covering any topic on the micro or macro spec. If students can articulate three causes, consequences or policies and support them with...
An interesting example of backward vertical integration for you, with VW announcing plans to invest in mines to provide the raw materials required to produce electric batteries.
What has happened to pay in the UK?
In the current environment, with many people striking, the BBC looks at the issue of what has happened to average earnings and highlights the fact that real pay has failed to keep up with average...
High Gas Prices - Effects on Businesses and the UK Economy
In this video we look at how high gas prices can impact businesses and also affect some of the key UK macroeconomic objectives. We also work through how to show this using an AS-AD diagram in case...
Economics Weekly Quiz | 17 March 2023
Here's our weekly economics news quiz.
2023 Banking Crisis - What is Happening at Credit Suisse?
The Credit Suisse situation is an interesting one, with the Swiss government offering a sizeable loan of £44bn from the Swiss central bank. So are we on the brink of a financial crisis? Definitely...
Budget 2023 Reflections - Focus on the Supply-Side
We are bringing together reflections on the UK's 2023 Spring Budget in this blog. It was essentially a budget focusing on trying to reinvigorate economic growth on the supply side. Faster...
Budget 2023: Starter Powerpoint Activity
Here's a 5 minute Powerpoint activity to test students on today's budget announcement from Jeremy Hunt.
Kahoot Quiz on Growth and Development
Motivated by several requests from students, I have produced a chunky Kahoot quiz covering economic growth and development that I hope other teachers and students might find useful. The new...
The Local Data Company are reporting that the extent to which the cost of living crisis is affecting different types of retailer varies, with fish and chip shops and hair salons among the worst...
News from the USA, where the California appeals court has ruled that Uber and Lyft can continue to treat their workers as self-employed contractors rather than employees. It's significant for the...
CPI Basket Changes for 2023 are Announced
The annual ONS change to the consumption bundle has been announced today, with the usual raft of movements into and out of the bundle in line with consumer shopping habits.
The fall-out from the failure of Silicon Valley Bank (SVB) continues and this is a fast-changing story. Here are some of the emerging details of the deal brokered by the UK government for HSBC...
Supernormal Profits - Biggest Oil and Gas Profit in History
Supernormal profits anyone? Saudi Arabian oil giant Aramco have reported a record annual net profit of $161.1 billion (£133.87 billion) for 2022. This is the biggest ever profit recorded by any oil...
Financial Economics - The Failure of Silicon Valley Bank
US financial regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008. It is a good one to add to your notes on...
Evidence of rising costs? Or exploitation of a monopsony position? A great example to ignite classroom discussion!
Air conditioning is increasingly highly demanded but also makes a significant contribution to global warming; so how can we balanced the two. Well, we might not be able to have conventional...
Mohamed El-Erian writes a Project Syndicate column looking at the changing nature of trade in the post-Covid world. He argues that we're moving away from hyperglobalisation, not so much towards...